The Sun Sentinel Highlights Jonathan Lickstein’s 2025 Real Estate Predictions for First-Time Homebuyers
Sun Sentinel
The Sun Sentinel spotlights Broward, Palm Beaches & St. Lucie Realtors® president’s thoughts on whether to continue renting or take the leap into homeownership. Although both buying and renting markets are active, increased housing inventory in 2025 is likely to help stabilize prices and potentially encourage some sellers to convert their properties into rentals.
“As properties take longer or increase days on market, many of those homeowners will not want to sit on market, so the increase in inventory on the sales side lends toward an increase in inventory for rentals. First-time homebuyers, when they’re getting in, it’s the start of building long-term generational wealth,” Jonathan Lickstein, president of Broward, Palm Beaches & St. Lucie Realtors®, states.
Ultimately, the decision to buy or rent will depend on the individuals’ personal circumstances, but Lickstein sees benefits for first-time homebuyers in 2025.